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SQX Resources Limited (AU:SQX)
ASX:SQX
Australian Market

SQX Resources Limited (SQX) AI Stock Analysis

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AU:SQX

SQX Resources Limited

(Sydney:SQX)

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Neutral 48 (OpenAI - 5.2)
Rating:48Neutral
Price Target:
AU$0.14
▼(-0.71% Downside)
The score is primarily held back by weak financial performance, with zero revenue in recent periods, ongoing losses, and continued cash burn despite a low-leverage balance sheet. Technicals are broadly neutral with slightly negative momentum. Valuation impact is limited because P/E and dividend yield were not provided.
Positive Factors
Strategic Expansion
The acquisition of high-grade gold and silver projects in North America positions SQX Resources for growth, enhancing its portfolio and market standing in the precious metals sector.
Balance Sheet Strength
A low-leverage balance sheet provides financial stability and flexibility, allowing SQX Resources to pursue strategic initiatives without significant debt constraints.
High-Grade Mineral Discoveries
Promising assay results from the Red Bird Project de-risk the venture and support future exploration, potentially leading to significant resource development and increased market value.
Negative Factors
Zero Revenue
The absence of revenue over consecutive years highlights operational challenges and raises concerns about the company's ability to generate income and achieve profitability.
Continued Cash Burn
Persistent negative cash flow indicates ongoing financial strain, requiring external funding to sustain operations, which could limit long-term growth and stability.
Declining Equity
A decline in equity alongside ongoing losses suggests weakening financial health, potentially impacting the company's ability to fund future projects and maintain investor confidence.

SQX Resources Limited (SQX) vs. iShares MSCI Australia ETF (EWA)

SQX Resources Limited Business Overview & Revenue Model

Company DescriptionSQX Resources Ltd. operates as an early-stage exploration company. It seeks to explore and develop the prospects. The company was founded on May 2, 2022 and is headquartered in Brisbane, Australia.
How the Company Makes MoneySQX Resources Limited generates revenue through the discovery and development of mineral deposits, which are then either mined by the company or sold to larger mining entities. The company may also enter into joint ventures or partnerships with other mining companies to leverage their expertise and share the financial burden of mining operations. Revenue streams include the sale of extracted minerals, royalties from partnerships or licensing agreements, and potentially, the sale of mining rights or exploration data to other interested parties. Key factors contributing to its earnings include the market demand and prices for the minerals it extracts, as well as its ability to efficiently manage exploration and extraction costs.

SQX Resources Limited Financial Statement Overview

Summary
SQX Resources Limited faces significant financial challenges, with absent revenue and profitability metrics, limited cash flow visibility, and declining assets and equity. Despite a strong equity position and low leverage, the lack of revenue generation and operational cash flow signals critical areas for improvement to ensure financial sustainability.
Income Statement
The absence of revenue in the TTM period indicates a significant downturn from the previous year, where revenue was recorded. The company has not been able to generate any gross profit or net income, suggesting challenges in revenue generation and profitability. The lack of EBIT and EBITDA further complicates the evaluation of the company's operational efficiency.
Balance Sheet
The company maintains a strong equity position, with a high equity ratio indicating financial stability. The debt-to-equity ratio is very low, minimizing leverage risks. However, the substantial reduction in total assets and stockholders' equity over the period suggests declining asset management efficiency.
Cash Flow
The cash flow statement lacks comprehensive data, which makes it challenging to evaluate cash flow health. The company has a negative free cash flow in the most recent annual report, highlighting potential liquidity issues. Positive cash holdings suggest some level of financial cushion, yet the inability to generate operating cash flow raises concerns about operational cash sufficiency.
BreakdownTTMDec 2025Dec 2024Dec 2023
Income Statement
Total Revenue0.000.000.0025.18K
Gross Profit0.000.000.0025.18K
EBITDA-672.00-886.00-1.25K
Net Income-811.00-977.00-756.00-1.44K
Balance Sheet
Total Assets2.33M2.33M3.31M3.96M
Cash, Cash Equivalents and Short-Term Investments1.50M1.50M2.18M2.97M
Total Debt3.96K3.96K18.22K0.00
Total Liabilities102.80K102.80K104.89K96.00K
Stockholders Equity2.23M2.23M3.21M3.87M
Cash Flow
Free Cash Flow-521.00-666.00-778.00-1.49K
Operating Cash Flow-487.00-631.00-577.00-527.00
Investing Cash Flow0.00-201.00-965.24K
Financing Cash Flow4.23M

SQX Resources Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.14
Price Trends
50DMA
0.14
Negative
100DMA
0.13
Positive
200DMA
0.11
Positive
Market Momentum
MACD
>-0.01
Negative
RSI
49.82
Neutral
STOCH
62.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SQX, the sentiment is Neutral. The current price of 0.14 is above the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.14, and above the 200-day MA of 0.11, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 49.82 is Neutral, neither overbought nor oversold. The STOCH value of 62.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:SQX.

SQX Resources Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
48
Neutral
AU$10.69M
46
Neutral
AU$6.86M-12.93-38.56%21.62%
44
Neutral
AU$23.95M-52.26
44
Neutral
AU$7.61M-0.55-78.12%-349.06%
44
Neutral
AU$5.98M-4.58-38.30%61.60%
38
Underperform
AU$5.91M-5.45-26.98%4.35%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SQX
SQX Resources Limited
0.15
0.07
87.50%
AU:OKJ
Oakajee Corporation Ltd
0.08
0.07
650.00%
AU:KLR
Kaili Resources Limited
0.16
0.12
305.00%
AU:SLZ
Sultan Resources Ltd.
0.01
<0.01
30.00%
AU:AIV
ActivEX Limited
0.02
0.01
100.00%
AU:PRL
Province Resources Ltd
0.01
-0.03
-70.73%

SQX Resources Limited Corporate Events

SQX Resources Limited Announces Director’s Interest Change
Dec 10, 2025

SQX Resources Limited has announced a change in the director’s interest notice, specifically involving Patric Michael Glovac. The change includes the acquisition of 2,966,667 options as director incentives, valued at $0.0747 per option, with no disposals reported. This adjustment in securities holdings reflects strategic moves in the company’s governance and could impact its market dynamics.

SQX Resources Limited Issues New Shares Without Disclosure
Dec 5, 2025

SQX Resources Limited, listed on the ASX under the ticker SQX, has issued 12,187,500 fully paid ordinary shares at a price of $0.10 per share. This issuance was conducted without a disclosure to investors under Part 6D.2 of the Corporations Act 2001. The company has confirmed compliance with the relevant provisions of the Corporations Act and assured that no information has been excluded from its continuous disclosure obligations.

SQX Resources Limited Issues 9 Million Unquoted Equity Options
Dec 5, 2025

SQX Resources Limited has announced the issuance of 9,000,000 unquoted equity securities in the form of options, exercisable at 15 cents each, with a three-year expiration from the issue date. This move is part of a previously announced transaction, indicating strategic financial maneuvers to potentially enhance liquidity or fund future operations, impacting the company’s financial structure and possibly its market positioning.

SQX Resources Limited Issues New Unquoted Equity Securities
Dec 5, 2025

SQX Resources Limited has announced the issuance of 13,333,333 unquoted equity securities in the form of options, exercisable at 15 cents each, with a maturity period of three years. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, potentially impacting the company’s financial strategy and stakeholder interests.

SQX Resources Limited Announces Quotation of New Securities on ASX
Dec 5, 2025

SQX Resources Limited announced the quotation of 12,187,500 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of December 5, 2025. This move is part of previously announced transactions, potentially strengthening the company’s capital structure and enhancing its market position.

SQX Resources Limited Announces Proposed Securities Issue
Dec 3, 2025

SQX Resources Limited has announced a proposed issue of securities, specifically 9,000,000 options exercisable at 15 cents with a maturity of three years from the issue date, which is set for December 5, 2025. This move is part of a placement or other type of issue and could impact the company’s capital structure and market positioning, potentially affecting stakeholder interests.

SQX Resources Limited Unanimously Passes All AGM Resolutions
Nov 28, 2025

SQX Resources Limited recently held its Annual General Meeting where all resolutions on the agenda were unanimously passed. The resolutions included the adoption of the remuneration report, election of a director, approval of a 10% placement facility, ratification and approval of share issues for capital raising, and approval of options issuance to directors and the company secretary. These decisions reflect a strong consensus among stakeholders and are likely to support the company’s strategic initiatives and capital management efforts.

SQX Resources Reports High-Grade Gold and Silver Assays at Williams Project
Nov 17, 2025

SQX Resources Limited has reported exceptional assay results from its Williams gold and silver project in Montana, USA, highlighting the high-grade nature of the mineralization. The company has entered into an agreement to acquire 80% of AM6 Pty Ltd, which holds the Williams project, and these results validate the historical data, presenting significant opportunities for further high-grade discoveries.

SQX Resources Confirms High-Grade Gold at Red Bird Project
Nov 4, 2025

SQX Resources Limited has announced promising assay results from its Red Bird Gold Project in Arizona, revealing gold grades as high as 49.2 g/t. These results not only confirm but exceed historical data, supporting the company’s strategy to target potentially open pit-able bulk mineralization. The findings significantly de-risk the project and pave the way for a maiden drilling program scheduled for January 2026, which could enhance the company’s positioning in the gold mining sector.

SQX Resources Limited Announces AGM and Encourages Online Proxy Voting
Oct 28, 2025

SQX Resources Limited has announced its upcoming Annual General Meeting (AGM) for shareholders, scheduled to take place on November 28, 2025, in Subiaco, Western Australia. The company has opted not to send hard copies of the meeting notice, encouraging shareholders to access the documents online and vote via proxy. This move aligns with recent legislative changes and aims to streamline shareholder engagement. The announcement underscores the company’s commitment to efficient and modern communication practices, potentially enhancing shareholder participation and operational transparency.

SQX Resources Secures High-Grade USA Gold & Silver Projects
Oct 28, 2025

SQX Resources Limited has announced securing high-grade gold and silver projects in the USA, which could significantly enhance its portfolio and strengthen its position in the mineral resources industry. This strategic move is expected to impact the company’s operations positively by expanding its exploration activities and potentially increasing its market value, benefiting stakeholders.

SQX Resources Limited Announces Share Issuance to Enhance Market Position
Oct 22, 2025

SQX Resources Limited, listed on the ASX under the ticker SQX, has announced the issuance of 7,812,500 fully paid ordinary shares at $0.10 each, as part of its recent capital raising efforts. This move, conducted without a disclosure document under the Corporations Act, highlights the company’s compliance with relevant financial regulations and its commitment to transparency, ensuring that investors have access to necessary financial information. The issuance is expected to impact the company’s financial structure and market positioning, potentially influencing stakeholder perceptions and investment decisions.

SQX Resources Limited Announces Quotation of New Securities on ASX
Oct 22, 2025

SQX Resources Limited announced the quotation of 7,812,500 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of October 22, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and provide additional liquidity for stakeholders.

SQX Resources Limited Announces Proposed Securities Issue
Oct 16, 2025

SQX Resources Limited has announced a proposed issue of securities, including 30 million performance rights and 20 million ordinary fully paid shares. This move is part of a placement or other type of issue, with the proposed issue date set for November 28, 2025. The announcement could potentially impact the company’s financial structure and market positioning, as it involves a significant number of securities that may influence stakeholder interests and the company’s operational strategy.

SQX Resources Limited Announces Proposed Securities Issue
Oct 16, 2025

SQX Resources Limited announced a proposed issue of securities, comprising 13,333,333 options exercisable at 15 cents and 20,000,000 ordinary fully paid shares. This move is aimed at raising capital, potentially enhancing the company’s financial position and supporting its operational and strategic initiatives.

SQX Resources Expands into North America with Strategic Gold and Silver Acquisitions
Oct 16, 2025

SQX Resources Limited has announced its strategic expansion into the North American precious metals sector by acquiring an 80% interest in the Williams Gold Project in Montana and the Red Bird Gold Project in Arizona. This acquisition, along with a $2 million placement to fund exploration, marks a significant step for the company, aiming to capitalize on the growing investor interest in the region. The projects offer substantial historical exploration data and potential for high-grade mineralization, with initial field programs already underway, positioning SQX to enhance its industry standing and stakeholder value.

SQX Resources Initiates Trading Halt Ahead of Major Announcement
Oct 14, 2025

SQX Resources Limited, a company listed on the Australian Securities Exchange, has requested a trading halt on its securities pending a significant announcement. The halt is due to an impending announcement regarding an acquisition and capital raising, which could have implications for the company’s market position and operations. The trading halt is expected to last until the announcement is made or until normal trading resumes on 16 October 2025.

SQX Resources Schedules AGM and Director Elections
Oct 13, 2025

SQX Resources Limited has announced its Annual General Meeting (AGM) is scheduled for 28 November 2025. A key agenda item will be the re-election and appointment of directors, with nominations closing on 17 October 2025. This meeting is crucial for the company’s governance and strategic direction, potentially impacting its leadership and future operations.

SQX Resources Limited Releases 2025 Corporate Governance Statement
Sep 30, 2025

SQX Resources Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is accessible on their website. The statement outlines the extent to which the company has adhered to the ASX Corporate Governance Council’s recommendations, providing transparency and accountability in its management practices. This disclosure is crucial for stakeholders as it confirms the company’s commitment to maintaining high governance standards, potentially impacting its reputation and investor confidence.

SQX Resources Limited Releases 2025 Annual Report
Sep 30, 2025

SQX Resources Limited has released its annual report for the fiscal year ending June 30, 2025. The report provides a comprehensive overview of the company’s financial performance, including profit and loss, financial position, and cash flows. This release is crucial for stakeholders as it offers insights into the company’s operational efficiency and financial health, which are pivotal for its strategic positioning in the competitive resources industry.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 30, 2025